Frasers Property fast track Canopy, Putney Hill following record sales

As a result of a record sales result and interest, Frasers Property’s Putney Hill release ‘Canopy’ has been fast tracked to come to market on November 15.

The first release in the Morrison Precinct of Putney Hill, Canopy includes 131 apartments over three buildings, called East, West and Central, and is on the west end of the 2.4 hectare parkland Lardelli Park.

Recently, Putney Hill sold out of their Reserve properties within a few weeks of launch. 

Canopy will include one, two and three bedroom apartments. Ground floor courtyards and oversized penthouse terraces will also be available. Prices start at $600,000.

They are designed by Cox Richardson Architects and every apartment features basement parking and storage.

Frasers Property sales director Paul Lowe said that Canopy is for buyers looking to buy a high quality product, off the plan, in an established community.

“At the moment, we’re seeing increasing demand for high-quality off-the-plan product, and I think prospective purchasers will be attracted to Canopy’s sophistication, beautiful landscaping and exceptional finishes – it will really epitomise the sophistication and outstanding quality the Frasers brand is synonymous with,” said Lowe.

Putney Hill includes a three kilometre scenic running track, three fitness breakout areas, tennis and basketball courts, and a children’s playground. 

“We recognise that buyers today have more expectations around the amenities on offer when considering a home. We also understand that wellbeing is becoming an increasingly important consideration where families, young professionals and empty nesters are choosing to live,” he said.

Landscape designers Environmental Partnership also focused on the fitness and wellbeing aspect.

More than 250 people currently live in Putney Hill. Construction will start on Canopy in mid-2015.